Oil prices rose on Friday, but may be closed with a weekly drop due to growing concerns about the impact of the…
Energy | Petroleum
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Oil traded close to $ 42 a barrel on Wednesday. The US crude oil stocks unexpectedly increased their cap prices, and a…
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Energy | PetroleumNews
Oil down 5% on rising virus cases and weakening economic outlook
by BUNKERISTby BUNKERISTOil prices fell about 5% on Monday. Rising COVID-19 infection rates in Europe and other countries lead to renewed lockdown measures and…
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While successive tropical storms in the Gulf of Mexico caused limited losses, rising coronavirus cases and Libya’s return to potential production raised…
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Energy | PetroleumNews
Libya’s start of supply, OPEC +’s efforts to keep the supply under control
by BUNKERISTby BUNKERISTOil prices remained unchanged on Friday, following the rumors coming from Libya that the blockade of the country’s oil exports will be…
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Energy | PetroleumNews
Oil rises after the warning about compliance with quotas
by BUNKERISTby BUNKERISTOil prices rose for the fourth day in a row on Friday, after Saudi Arabia pressured their allies to stick to production…
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Energy | PetroleumNews
Oil up more than 4% as U.S. oil stocks fall supported by the hurricane
by BUNKERISTby BUNKERISTOil prices soared more than 4% on Wednesday after Hurricane Sally halted some of US offshore production and a general decline in…
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Oil prices rose more than 2% on Tuesday as the hurricane in the United States supported supply cuts. However, predicting a slower-than-expected…
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Global fuel demand under pressure due to the coronavirus outbreak is performing a cumbersome recovery. Oil prices plummeted on Tuesday, amid this…
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Libya signaled that it will continue production and supply will increase after ending the blockade that lasted for months. Oil fell on…